Malaysia’s capital city of Kuala Lumpur has tightened the regulations in liquor business by banning grocery shops, convenience stores as well as Chinese medicine shops to sell hard liquor from October 1, 2021.
Singapore’s retail sales in July fell by 8.5 percent year-on-year, an improvement from June’s 27.7 percent plunge, according to the Department of Statistics (SingStat).
Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20 percent compared to the low base this year.
The Ministry of Industry and Trade will build an origin tracing system to create a database on goods managed by the ministry to meet customers’ increasing demand on tracing origin of goods.
Singapore’s total retail sales decreased by 52.1 percent in May – the highest decrease since 1986, the country’s Department of Statistics released on July 3.
Vietnamese bananas have hit the shelves of Lotte Mart in the Republic of Korea (RoK) - the first time the fruit has been distributed in the country via a large supermarket chain.
Several large supermarket chains have pledged to support the consumption of lychees as the fruit enters the harvest season in the northern provinces of Bac Giang and Hai Duong, the two biggest growers of the fruit in the country.
Supermarkets, shopping centres and traditional and wholesale markets in Ho Chi Minh City have assessed their COVID-19 infection risks through a set of evaluation indicators and have set safety measures to meet the city’s requirements.
Singapore’s retail sales in March dropped 13.3 percent compared with the same period last year, the biggest decrease in 22 years due to the impact of the COVID-19 pandemic, according to the Singapore Department of Statistics.
The COVID-19 outbreak has hit fast-moving consumer goods (FMCG) businesses but not all categories and retailers will suffer negative impacts, according to global data and consulting company Kantar Worldpanel.
With the growing middle class and increasing purchasing power, the consumer goods and e-commerce sector in Vietnam has become very attractive to Singaporean businesses.
Co.opXtra Su Van Hanh in Ho Chi Minh City’s District 10 has been named in the list of 17 stores you must visit this year, according to IGD Asia, Asia’s leading retail research organisation.
Co.opXtra Su Van Hanh in Ho Chi Minh City’s District 10 has been named in the list of 17 stores you must not fail to visit this year, according to IGD Asia, Asia’s leading retail research organisation.
Vietnamese food producers need to focus on improving product quality, invest in new technologies and build brands to meet consumer demand and increase export value, experts said at the Vietnam Food Forum held in HCM City on November 16.
As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Vietnam’s domestic brands look for their own growth strategies against the newcomers.
As many as 50 Vietnamese food and beverage enterprises, double the number last year, displayed and promoted their products at the THAIFEX-World of Food Asia 2017 held in Bangkok earlier this month.
Representatives from the Trade Office of the Vietnamese Embassy in Argentina had a working session with leaders of the Coto Group to explore opportunities for Vietnamese products to penetrate into the South America country’s leading super-market chain.
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